CAR RENTAL STARTUP VAI.CAR RAISES USD 85 MILLION

Highlights:

• Vai.Car raises USD 85 million from XP Investimentos.
• Vai.Car is a startup from Brazil that allows users to rent cars through apps.
• The funding was raised to increase the number of vehicles in its fleet.

Vai.car...

All you need to know about Latin American IPO’S

XP Investimentos

December has been a robust month for Brazilian startups.  It brought a big Initial Public Offering for domestic companies.

In December a company named XP Investimentos went public on the U.S. Stock Exchange. It raised $1.81 bill...